The Funding Portal GlossaryTM

A, B, CD,  FGH , I KLM, NO , PQ , RS,  U , V ,W,  X , Y, Z

This Glossary is intended for general guidance. The use of these terms and their specific meaning may vary from program to program.

A

Agreement (contrat) means the agreement between the funder and the applicant and generally consists of Articles of Agreement and any Schedules and Supplementary Instruments referred to in the Articles of Agreement.

Aggregate data ( données regroupées ) means summary level data that is comprised from individual components or data sets.

Application (demande ) means a new application or a re-submission of an unsuccessful application.

Award (bourse ) means funding to support an approved project.

B

Benefits to Canada (avantages au Canada) means the specific benefits agreed to by the parties in favour of Canada and is a term included in the Investment Canada Act. See also net benefits to Canada.

C

Collaboration (collaboration financière ) means a business transaction in which two or more entities exchange value, which may be financial or in-kind, such as marketing or publicity.

Company (société ) means a business, enterprise, corporation or a firm, which may or may not be incorporated.

Comptrollership (fonction de contrôle ) means having clear accountabilities, effective control over resources, sound risk management and performance assessments, and an open reporting of results in relation to the expenditure of public funds.

D

Deadline (date limite ) means the deadline set to submit applications and are indicated in the funding opportunity descriptions and evidenced by the courier-stamp or date on the electronic submission.

E

Electronic approval of applications (approbation électronique des demandes ) means the method provided by the funder for the electronic approval of applications.

Eligible Costs (coûts admissibles) means the costs incurred in accordance with the project contract or cost principles and are not prohibited costs.

Equity or equity investments (placements en actions) means ownership stakes in the applicant company's shares.

F

Fiscal year (année budgétaire) means the funder's fiscal year which in the case of the federal government, begins on April 1 and ends on the following March 31, or the fiscal year of the applicant.

G

G&C (dons et contributions) or "Gs and Cs" means grants and contributions and is defined below.

Grant (subvention) means financial support that is not repayable provided by or through a government to an applicant to achieve a defined program objective.

Grants and Contributions (subventions et contributions) often referred to as "Gs and Cs," government grants and contributions within the business marketplace are funding awards to businesses to support specific business and industrial policy objectives.

Grantee or grant holder (titulaire de subvention ) means the approved recipient of the funding.

H , I

In-kind contribution (contribution en nature ) is a cash equivalent contribution provided by a project partner that is relevant and required to carry out the funded project, such that it would have to be purchased by the recipient if the contribution were not provided by a partner.

Industrial and Technological Benefits (ITBs) ( retombées industrielles et technologiques), previously known as industrial and regional benefits, is a program established by Industry Canada to ensure that aerospace and defence companies winning contracts worth more than $100 million provide contracts of equivalent value to Canadian contractors. The Government is currently reviewing this program. More details will be provided in the Feb. 18 issue of the FundingReport newsletter.

   Institution (établissement ) means universities, hospitals, colleges, research institutes, centres and other organizations eligible to
   receive and manage public funds

Intellectual property ( propriété intellectuelle ) means all materials, concepts, know-how, formulae, inventions, improvements, industrial designs, processes, patterns, machines, manufactures, compositions of matter, compilations of information, patents and patent applications, copyrights, trade secrets, technology, technical information, software, prototypes and specifications, including any rights to apply for protections under statutory proceedings available for those purposes, provided they are capable of protection at law.

J

Job Creation Funding means funding to support all or part of an employee's salary, and generally is applicable to persons with certain characteristics, such as students, interns, graduates or people with disabilities or aboriginal persons.

K

KT (application des connaissances ) means knowledge transfer and is defined below.

Knowledge transfer or translation (application des connaissances ) means the dynamic and iterative process of doing research that includes the synthesis ,dissemination , exchange of knowledge that is relevant to the program objectives among or even beyond members of the research team and during many or all stages of the research process.

L

Loan (prêt) means a type of public funding offered by some government departments and crown corporations to businesses on more favourable terms than commercial lenders, such low or no-interest loans.

Loan guarantees (garanties de prêts) means a type of public funding offered by some funding programs to businesses to eliminate the risk of non-payment by the borrower to the lender to assist the borrower in securing funding from a recognized financial institution.

M

Material change (changement important) means changes that have an important impact on the project and must be reported to the funder and may result in a change in the project terms.

Milestones or project milestones (étapes du projet) means stages identified in the funding contract at which reports must be filed or other activities are required to comply with the contract.

N

Net benefits to Canada (avantage net du Canada) means the specific benefits agreed to by the parties in favour of Canada that exceed the benefits to the funding recipient and is a term included in the Investment Canada Act. See also "benefit to Canada."

O , P

Partner (partenaire ) means an organization with whom the applicant has a relationship that is characterized by mutual cooperation, collaboration and a shared responsibility to achieve a specific program objectives, but each organization has a separate identity and independent accountabilities. The formality of these relationships may vary and range from open, working relationships to more formal contractual collaborations.

Partnership (partenariat ) means a formalized working relationship between two or more organizations with separate identities and independent accountabilities and is based on mutual benefit and a clear understanding or agreement that sets out the shared objectives and terms of the arrangement.

Policy ( politique de l'organisme ) means the set of rules, directives and guidelines published by the funding program.

Project (projet) means the defined project described in detail in the application and approved by the funder for funding.

Proposal ( proposition ) means the proposed project prior to its approval for funding.

Protocol (protocole ) means a document that describes the objectives, methodology, statistical analyses, organization, and administrative details of a research trial or other funded project.

Q , R

Repayable funding means funding that is technically a loan; grants, by definition, do not need to be repaid and contributions vary in this respect but generally do not need to be repaid, provided that they are used to achieve the Program objectives specified in the funding agreement.

Research (recherche ) means the goal of understanding new solutions or devices that improve outcomes and may include scientific investigation.

S

Signature (signature ) means an original hand-written signature unless other means of signature are specifically provided for such as faxed, photocopied, scanned .pdf, .wpg, .tif or stamped and electronically inserted signatures.

Stakeholder (principal intéressé) means a person or organization that has a shared interest in the project, through its involvement in the project, or by being geographic linked to the proposal or otherwise implicated in or affected by the proposal.

Supplemental or supplementary instrument means an instrument in writing or, in common parlance, a document, which supplements the agreement such as a Schedule or Annex.

T

Tax refunds and tax credits (remboursements d'impôt) means a type of funding administered through the tax system that provides refunds or credits for certain eligible investments and are more widely available for businesses in Canada than loans, grants, contributions and other sources of public funding.

U , V , W

Value Proposition (VP) is a new "rated and weighted" approach to evaluating the quality of defence procurement projects under the Industrial and Technological Benefit (ITB) program.

   Wage subsidies means funding to support all or part of an employee's salary, and generally is applicable to persons with certain
   characteristics, such as students, interns, graduates or people with disabilities or aboriginal persons.

X , Y , Z